Sam Zell's Deal from Hell

On this special combined edition of Which Way, LA? and Politics of Culture,
it's been a period of vast upheaval at the Los Angeles Times under Sam
Zell's ownership. How exactly did he manage to use the employees'
pension fund as collateral? How secure are the futures of Times
employees?Also, will California Republicans and Democrats take off for their
national party conventions without passing a state spending plan?